Plains GP Holdings forecasts 2026 adjusted EBITDA of $2.88 billion, plus or minus $50 million
PAGP•Plains GP Holdings forecast 2026 adjusted EBITDA of $2.88 billion, with a $50 million range above or below that figure. It expects $1.9 billion in distributable cash flow to common unitholders and annual distributions of $1.67 per unit.
1. 2026 outlook
Plains GP Holdings projected crude oil adjusted EBITDA of $2.7 billion, up 16% year over year. Growth capital spending is forecast at $400 million to $450 million, net to PAA. The distribution framework targets annual increases of $0.15 per unit, subject to a 150% distributable cash flow coverage threshold.
